TSXV - ZON
BEDFORD, NS, Sept. 21, 2011 /CNW/ - Zonte Metals Inc. (TSXV: ZON) (the
"Corporation" or "Zonte") is pleased to report it has identified a new
target area from soil geochemistry which lies 4.5 kilometres to the
northwest of the main Pit Target area.
A recent soil sampling program was carried out northwest of the Pit
Target area following up on historic soil and till sampling programs
dating back as far as the late 1980's. Sampling by Zonte was designed
as a cursory first pass to test the potential in this area. The soil
geochemistry data was successful in identifying a large arsenic-in-soil
anomaly with intermittent elevated gold-in- soils. Two soil lines were
completed in this area and on the southern line the arsenic-in-soil
anomaly is nearly 500 metres in width with arsenic values up 1259 ppm.
The northern line also displayed elevated arsenic and gold, with the
anomaly at one location sitting 660 metres along strike from the
anomaly on the southern line. Gold values were slightly anomalous and
are consistent with values identified from the soil sampling over known
mineralized zones in the Pit Target area, where arsenic appears most
effective for identifying mineralization associated with bedrock as
gold is only intermittently elevated. This target area will be referred
to as the 4.5NW Target.
The 4.5NW Target area is open along strike and crews will infill and
expand the soil sampling coverage to the north and south. Several other
anomalies were identified between this area and the Pit Target area
which require additional follow-up to assess the potential of these
zones. Additional information and an image of the arsenic-in-soil
anomaly can be found on the website at http://www.zontemetals.com/.
Update on the Pit Target
As previously noted the Corporation has identified two large induced
polarization geophysical anomalies in the Pit Target area. The
anomalies called the Western and Eastern Geophysical Anomalies are 1200
metres in strike length and up to 150 metres in width; and 600 to 700
metres in strike length and up to 120 metres in width, respectively. In
both cases the anomalies are coincident with bedrock gold and arsenic
mineralization exposed in the bottom of an operating gravel pit. On May
25, 2011 Zonte press released soil data outlining a third anomaly
identified from arsenic-in-soils which is parallel and sits on the
southern side of the Eastern Geophysical Anomaly. This third anomaly,
measuring 700 metres in strike length and up to 100 metres in width, is
also coincident with gold in bedrock which was identified along the
access road to the gravel pit. Zonte has applied for a permit to trench
along this and several other geochemical anomalies at which time it
will then be able to define drill targets for the first phase drill
program. The upcoming drill program will test the geophysical
anomalies, the third arsenic-in-soil anomaly and any other target that
merits drilling once the trenching has been completed.
Terry Christopher, President and CEO comments "After compiling
historical data a number of interesting areas have emerged. Additional
exploration is underway in these newly defined areas. The 4.5NW Target
area was identified in an area where Noranda found elevated gold levels
in till sampling in the late 1980's and is located near a large thrust
structure making it a high priority target for Zonte."
Zonte Metals Inc. is a junior explorer focused on gold. Our model is to
find projects with large scale potential and to that end the
Corporation is actively reviewing and completing field due diligence on
projects in the USA, Africa and South America.
This news release contains forward-looking statements which include
statements regarding the Corporation's future plans, as well as
statements regarding financial and business prospects and the
Corporation's future plans, objectives or economic performance and
financial outlooks. The Corporation believes that the expectations
reflected in this news release are reasonable but actual results may be
affected by a variety of variables and may be materially different from
the results or events predicted in the forward-looking statements.
Readers are therefore cautioned not to place undue reliance on these
There can be no assurance that the exploration program will identify any
priority targets. The actual results and future events could differ
materially from those anticipated in this news release. The time frames
identified to work programs and other activities may vary significantly
from actual completion of the proposed work programs.
In evaluating forward-looking statements readers should consider the
risk factors which could cause actual results or events to differ
materially from those indicated by such forward-looking statements.
These forward-looking statements are made as of the date hereof, and
unless otherwise required by applicable securities laws, the
Corporation does not intend nor does it undertake any obligation to
update or revise any forward-looking statements.
This news release has been reviewed and approved by Dean Fraser, P.Geol,
and a "qualified person" under National Instrument 43-101.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy of accuracy of this release.
SOURCE ZONTE METALS INC.
For further information:
CEO and President
408 - 1550 Bedford Highway,
Tel: (902) 405-3520